WPKN partners with a company based in San Diego called CARS. They work with community radio stations and other non-profits all over the USA. We've worked with them for almost a decade and have enjoyed an excellent relationship. You would be amazed how valuable this service is to WPKN. We regularly receive donation checks from CARS that they have received on our behalf from listeners just like you. WPKN receives 80% of the auction value and CARS receives 20%.
FAQ's
How will the car be picked up?
We will arrange to have your vehicle towed away at a scheduled time convenient for you. The vehicle will be picked up by a licensed tow company at no cost to you and will be taken to our sale location.
How long will it take to pick up my car?
We will contact you to schedule an appointment within two to three business days at the most. If you need your car picked up sooner, please call us toll-free at 877-WPKN-CAR or 877-975-6227 seven days a week. We may be able to make those arrangements as well.
How does the new law effect my tax deduction?
Donors will no longer be responsible for determining the deductible value of their donation. Instead, they will receive IRS Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes if the proceeds from the sale exceed $500, stating the amount of the gross proceeds from the sale of the donated vehicle. The amount listed on IRS Form 1098-C will be the gross proceeds of the deductible donation.
Will I get a tax receipt for my donation?
Yes, our driver will issue a receipt at the time of pick-up. This is not your final tax receipt unless the sale of your vehicle does not exceed $500. This initial acknowledgement will indicate your name as well as the year, make, model and condition of the car you are donating. It will be your only receipt if your vehicle sells for less than $500. An IRS Form 1098-C, Contributions of Motor Vehicles, Boats, and Airplanes will be mailed to you within 30 days of the sale stating the amount of gross proceeds received from your car, provided your vehicle sold for more than $500. This will be your tax receipt for your charitable contribution.
How is the value determined on the vehicle donated?
The value is determined by the gross proceeds raised from the sale of the donated vehicle. You no longer have the burden of determining the value yourself.
What can I claim as a deduction?
According to the tax law effective January 1, 2005, if the claimed value of the donated vehicle exceeds $500, the taxpayer is limited to the gross proceeds of the sale.
What if my car is valued over $5000?
Effective January 1, 2005, you will no longer be required to have vehicles appraised. The value you may claim will be the amount of gross proceeds received from your vehicle.
Does my car have to be running to donate it?
In some cases we can take your car, running or not. However, it must have an engine and be towable. Contact a representative at 877-WPKN-CAR or 877-975-6227 to find out if your vehicle qualifies for pick-up.
